Central banks are the key to waging expansionary monetary policy campaigns, when a nation’s economy needs the help most. Expansionary monetary policy is an economic policy engineered by a country’s ...

The idea behind “fiscally-driven external rebalancing” is straightforward. If countries with external (e.g. trade) surpluses run expansionary fiscal policies, they will raise their own level of demand ...

Federal fiscal policy during the recession was abnormally expansionary by historical standards. However, over the past 2½ years it has become unusually contractionary as a result of several deficit ...

The government charges the Federal Reserve with maintaining sustainable economic growth, high employment and stable prices. To achieve these goals, the Fed constantly monitors the economy, either ...